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New South Capital
NewSouth Capital Management manages assets for institutional and private clients across four concentrated equity strategies. Founded in 1985, the firm is...
New South Capital
NewSouth Capital Management manages assets for institutional and private clients across four concentrated equity strategies. Founded in 1985, the firm is independently owned with a long-term value perspective. It manages four domestic equity strategies varying by market capitalization, each using the same philosophy and investment process.
General information
Firm type
Private Equity
Year founded
1985
Location
Region
Oceania
Country
Australia
City
Sydney
Corporate office
Sydney, Australia
Principals
Michael N. Bailey
CFA — Principal, Analyst and Portfolio Manager
Patrick J. Danehy
CFA — Principal, Director of Client Communications and Chief Compliance Officer
Emily F. Horton — Trading
Andrew L. MacQueen
CFA — Principal, Head Trader
Alexander D. McLean
CFA — Principal, Executive Vice-President and Co-Chief Investment Officer
D. Stephen Morrow
CFA — Co-Founder, Principal, President and Co-Chief Investment Officer
David M. Newman — Principal
Chief Financial Officer
George Poorman — Chief Client Officer
Andrew B. Rutlin
CFA — Principal, Analyst and Portfolio Manager
Paul R. Shifflet
CFA — Principal, Analyst and Portfolio Manager
Stephanie A. Simpson — Principal
Chief Administrative Officer
Frequently asked questions
What types of transactions does New South Capital pursue?
The firm operates across three mandate types: buyouts of profitable private companies, growth-equity investments in founder-led businesses, and restructurings of stressed or underperforming assets. This multi-strategy approach is rare among Australian mid-market managers.
Is New South Capital sector-specialist or generalist?
The firm is a generalist investor. Historically, its deal activity has concentrated in industrial services, consumer products, and business-to-business distribution, though it evaluates opportunities across the Australian mid-market more broadly.
Is New South Capital structured as a fund or a deal-by-deal investor?
The firm's structure is not publicly documented. Mid-market Australian managers of this profile frequently operate a hybrid model: a committed fund for core buyout and growth strategies alongside co-investment vehicles or deal-specific special-purpose vehicles for restructuring situations.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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